rdkriplani

Tata Metalics - Speculative results trade

Long
NSE:TATAMETALI   TATA METALIKS
Technically the stock is showing strength with higher volumes pre results (Always a good sign).
Metals in general seem to be in high demand.
Long at CMP with SL below 515.
WIll double my purchase above marked price of 570.

The stock also has a convervence of moving averages on both the daily and the weeklies which often signifies a sharp move could be coming.

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